Decentralized AI Society plans regulatory pilot, venture fund: Co-founder
The nonprofit’s overarching goal is resisting the centralization of AI models, co-founder Michael Casey said.
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Stablecoin metric hints Bitcoin price will rise as buyers snap up BTC
Stablecoin supply ratio shows much more buying power among stablecoin holders currently, with Bitcoin trailing at $11,400. Bitcoin (BTC) at $11,400 is ripe for a fresh price surge thanks to stablecoin investors buying up cheap coins, data suggests.Highlighting the latest readings from its stablecoin supply ratio (SSR) metric on Aug. 26, on-chain monitoring resource Glassnode…

Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison
Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence.

CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
Some creditors of cryptocurrency futures exchange CoinFLEX are alleging that OPNX, a new crypto exchange established in part by Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, was created using CoinFLEX assets without their consent. According to a writ of summons filed in the High Court of Hong Kong and seen by Cointelegraph, CoinFLEX

Celsius Network to make April 12 filing, including info on voting for restructuring plan
"Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors," said Celsius. 232 Total views 13 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto lender Celsius Network has announced it will be moving forward on its Chapter 11…

Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial
Sam Bankman-Fried’s defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16. 210 Total views 3 Total shares Lawyers representing former FTX CEO Sam “SBF” Sam Bankman-Fried conducted their cross-examination of Nishad Singh, pressing the former engineering director on events leading to Alameda Research using funds from the

Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize
The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. 492 Total views 3 Total shares On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is…

Indians opt for state-run blockchain platform amid bulk SMS regulations
India’s SMS regulation requires businesses to comply with pre-registered messaging templates to counter spam and fraud. 1706 Total views 4 Total shares India’s state-owned telecom Bharat Sanchar Nigam Limited (BSNL) has registered 7,477 businesses on its blockchain-based communication platform after authorities imposed new regulations to protect consumers from spam and fraud.The Telecom Regulatory Authority of…

Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move
Coinbase CEO Brian Armstrong has been actively pursuing the exchange's expansion ambitions in the United Kingdom amid mounting legal issues in the U.S.. 333 Total views 7 Total shares Brian Armstrong, CEO of major United States-based cryptocurrency exchange Coinbase, has condemned the decision of JPMorgan’s subsidiary Chase UK to restrict crypto-related transactions.Brian Armstrong took to